08/27/2019
The updated Liquidity Facilities Framework makes operational an important part of the resolution regime in Hong Kong and takes forward a key recommendation of the Financial Stability Board’s 2018 Peer Review of Hong Kong.
08/27/2019
The attack is the second breach of the PayID system since June and has experts asking why extra protections were not in place to prevent it from happening again.
08/27/2019
The move is part of a broader set of reforms aimed at increasing transparency in financial services, which includes Parliament giving ASIC power to collect and publish internal dispute resolution data at the firm level.
08/27/2019
The depreciation of the renminbi will have an impact, but strong Chinese corporates should be well positioned to withstand further falls
08/26/2019
Senators say FRTIB is supporting Beijing’s military, espionage and security efforts
08/25/2019
n one of the first pieces of litigation as a result of the Royal Commission, the Australian Securities and Investment Commission (ASIC) has sued the National Australia Bank (NAB) for dealing with unlicensed home loan introducers.
08/25/2019
Annual meeting of Asia-Pacific Group on Money Laundering held in Australia last week 865 google_plus_share
08/23/2019
Although Tu did not make a remark of “20 per cent” on the trade summaries, the client understood that he had to pay about $850,000 to Tu.
08/23/2019
They find there is a heavy price to be paid in access to the mainland if they don’t
08/23/2019
Winners of the Macallan Asian Legal Business Hong Kong Law Awards 2019 will be announced at a ceremony at JW Marriott Hotel Hong Kong on Friday 6 September.
08/22/2019
The banks requested that the US government submit a formal request for the records to the Chinese government through the Mutual Legal Assistance Agreement.
08/22/2019
The flows must be both ways. For as much as we can attract the money to come here, we should also allow the funds here to go abroad to seek better returns," Mr. Taufiq says in an interview with Asia Asset Management
08/22/2019
Crennan, who is also the sponsoring commissioner for ASIC’s Office for Enforcement, said he hoped the use of regtech would lead to a fall in the number of ASIC enforcement actions
08/21/2019
The subsequent issuance builds on the success of the platform taking the total capital raised to A$160 million and further enables capital markets to leverage distributed ledger technologies for faster, more efficient, and more secure transactions.
08/21/2019
Since the Federal Government first announced the proposed law during the 2018-19 budget, critics have openly slammed the idea.
08/21/2019
The key terms of the contract include a fixed core fee in conjunction with variable based fees for core engagement services, transactional fee and fee for service charges for additional services.
08/21/2019
Specifically, IOOF pointed out it has now actioned four items relating to the implementation of the Office of the Superannuation Trustee, which it failed to set up before its March 31 deadline earlier this year.
08/21/2019
DLF and DLS products are derivatives linked to the interest rates of major countries.
08/21/2019
ASIC will also investigate any impediments to this transition, and the extent to which benefits are being passed on to affected clients.
08/21/2019
As a matter of general principle, the court accepted that in the context of an investment fund